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Daido Steel Co Ltd
Daido Steel's GHG Emissions Data Preview
In 2024, Daido Steel completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Daido Steel has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
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bVerified Sources Behind Daido Steel’s Greenhouse Gas (GHG) Emissions Data
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Insights into Daido Steel's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofDaido Steel amounted to905,744metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Daido Steelincreased by ∞%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Daido Steel's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Daido Steel's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Daido Steel were 384,295 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Daido Steel reduced its Scope 1 emissions over time?
Since 2022, Daido Steel's Scope 1 emissions have increased by 4.71%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
What are Daido Steel's Scope 2 emissions?
In 2024, Daido Steel reported Scope 2 greenhouse gas (GHG) emissions of 521,449 tCOâ‚‚e without specifying the calculation method.a
Has Daido Steel reduced its Scope 2 emissions over time?
Since 2022, Daido Steel's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 14.1%, reflecting a rising long-term trend in Scope 2 emissions over time.ac
What methodology does Daido Steel use for Scope 2 reporting?
In 2024, Daido Steel reported its Scope 2 emissions using an unspecified methodology.a
Daido Steel's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Daido Steel's Value Chain Emissions
In 2024, Daido Steel reported 1,368,189 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Daido Steel includes a breakdown across 8of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Daido Steel's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Daido Steel's Scope 3 emissions?
In 2024, Daido Steel reported total Scope 3 emissions of 1,368,189 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Daido Steel reduced its Scope 3 emissions over time?
Since 2022, Daido Steel's Scope 3 emissionshave remained relatively stable, indicating that Daido Steel's emissions have plateaued with no significant change in its value chain footprint.ac
Compared to the previous year (2023), Daido Steel's Scope 3 emissions remained relatively stable, indicating that Daido Steel's emissions have plateaued with no significant change in its value chain footprint.ab
What categories of Scope 3 emissions does Daido Steel disclose?
In 2024, Daido Steel reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Daido Steel's Scope 3 emissions?
In 2024, the largest contributors to Daido Steel's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 1,043,292 tCOâ‚‚e(76.25%)
- Fuel- and Energy-Related Services (Cat. 3): 178,572 tCOâ‚‚e(13.05%)
- Capital Goods (Cat. 2): 73,282 tCOâ‚‚e(5.36%)
Daido Steel's Scope 3 Emissions by Categories
Insights into Daido Steel’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Daido Steel reported Scope 1 greenhouse gas (GHG) emissions of 384,295 tCOâ‚‚e and total revenues of USD 3,820 millions. This translates into an emissions intensity of 100.59 tCOâ‚‚e per millions USD.a
Daido Steel's Scope 1 Emissions Intensity Compared to Peers
How does Daido Steel's GHG emissions intensity compare to its peers?
In 2024, Daido Steel reported a Scope 1 emissions intensity of 100.59 tCOâ‚‚e per millions USD. Compared to the peer group median of 276.6, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Daido Steel rank on GHG emissions intensity within its industry?
In 2024, Daido Steel ranked 9 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Daido Steel is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Daido Steel's Total Carbon Footprint
In 2024, Daido Steel reported a total carbon footprint of 2,273,933 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 57.8% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Daido Steel's total carbon footprint was Scope 3 emissions, accounting for 60.17% of the company's total carbon footprint, followed by Scope 2 emissions at 22.93%.a